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Product recalls are costing companies and insurers billions, and the numbers are expected to increase.

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The recall disclosed Tuesday covers inflators using calcium sulfate as a desiccant. (AP Photo/Lim Huey Teng)

(Bloomberg) – Takata Corp. will recall an additional 2.7 million airbag inflators in the U.S. after they concluded they could explode in a crash despite using a chemical additive to ensure their safety.

Instant InsightsProduct liability & recall insurance for businesses

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